Dutch energy infrastructure company VTTI and Norwegian owner and operator of LNG carriers and FSRUs Höegh LNG have signed an agreement to study options to develop and operate the FSRU-based Zeeland Energy Terminal in the Vlissingen port area in the Netherlands. Expected to become operational in the
UAE’s Abu Dhabi National Oil Company (ADNOC) and Japan’s Mitsubishi Heavy Industries (MHI) have agreed to explore potential opportunities for collaboration on the development of value chains for blue ammonia and blue hydrogen. The companies formalized their intention through an agreement signed on D
Stena Drilling has welcomed the award of DNV’s Abate (P) notation, which now adorns one of its drillships.
Chinese shipping major COSCO Shipping and global oil giant bp inked a Memorandum of Understanding (MoU) of strategic cooperation at Marintec in Shanghai. The strategic cooperation memorandum outlines plans to expand the scope of collaboration, exploring new avenues for cooperation. Key areas of focu
Container shipping companies Hapag-Lloyd and CMA CGM revealed that they entered into collaboration with Nestlé, a Switzerland-based food & beverage company, aiming to advance cleaner shipping.
ExxonMobil and Chevron have disclosed their capital investment expectations, encompassing oil and gas plays along with emission-reduction solutions.
Belgian tanker company Euronav NV confirmed this morning that it has lifted the option for one more very large crude carrier (VLCC) at Chinese shipyard Qingdao Beihai and ordered two Suezmaxes at Daehan Shipbuilding in South Korea. The confirmation comes on the heels of shipbroker reports on the ord
South Korean shipping giant HMM has inked a landmark contract with China State Shipbuilding Corporation (CSSC) for the construction of up to ten 10,800 CEU LNG dual fuel car carriers. The vessels are set to be constructed at CSSC’s Guangzhou Shipyard International (GSI) for a price of $732 million.
China Classification Society (CCS) has awarded dozens of Approvals in Principle (AIP) at this year’s China International Maritime Exhibition (Marintec China). The exhibition is one of the most authoritative B2B platforms for the international maritime industry and it has seen numerous business deals
Following in the pioneering footsteps of Maersk, Chinese shipping heavyweight COSCO Line is embarking on a journey to retrofit some of its containerships for methanol propulsion. Namely, COSCO Line has partnered with compatriot China’s COSCO Heavy Industry Shanghai, a COSCO Group shipyard, to retrof
Danish shipping giant Maersk has selected Alfa Laval’s fuel supply system FCM Methanol for its pioneering methanol retrofit project.
A deep dive into COP28 and the clash between those calling for a phase-out of fossil fuels and the ones lobbying to keep oil, gas, and coal firmly entrenched in the energy mix.
China’s Jiangnan Shipyard unveiled what has been described as ‘the world’s largest nuclear-powered container ship design’ during the Marintec China 2023 exhibition in Shanghai, boasting a capacity of 24,000 TEUs. The design uses Molten Salt Reactors, operating under high temperature and low-pressure
Harbour Energy, bp, and Associated British Ports (ABP) have entered into an exclusive commercial agreement with Cory Group for the transportation and storage of carbon dioxide (CO2) by ship. The collaboration centers around Viking CCS, the Humber-based CO2 transportation and storage network spearhea
